
Per advertisement revenues, Snap is pointed as one of the potential beneficiaries of the boycott on the ads of Facebook.
Snap, formerly Snapchat Inc, is a camera company that develops Snapchat and Spectacles.
Snap Inc. is an American technology and camera company, founded on September 16, 2011, by Evan Spiegel and Bobby Murphy based in Santa Monica, California. It has three products: Snapchat, Spectacles, and Bitmoji. The company was originally named Snapchat Inc. upon its inception, but it was rebranded on September 24, 2016, as Snap Inc. in order to include the Spectacles product under a single company.
The founders own a combined 95% voting power (Spiegel with 48% and Murphy with 47%), which is undiluted and transferable to the other of the two when one retires or dies.
Per advertisement revenues, Snap is pointed as one of the potential beneficiaries of the boycott on the ads of Facebook.
Being a major social media outlet, Snap has benefited from the coronavirus outbreak as more people opt to socialize through online platforms.
After the Snapchat integration, Twitter is going to launch such integrations with other social media platforms.